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District finance report shows healthy fund balance but warns state revenue forecast is down
Summary
Board received the district’s April financial report showing year‑to‑date collections and expenditures; staff projected an anticipated ending fund balance and warned that a weaker state economic forecast could reduce future aid and grant opportunities.
Klamath County School District staff on Tuesday presented the district’s financial statements through April and told the board the district is in a generally solid cash position but is watching state revenue forecasts that could reduce future funding.
The district’s finance presenter, Janet (last name not specified), reported month‑of‑April collections of about $6.2 million and year‑to‑date collections reported in the transcript as about $91.3 million. She said the district was at about 86% of expected collections this year compared with 91% at the same point last year. Expenditures for April were reported as…
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